Monday, 10 July 2017

EPIC RESEARCH MCX SILVER UPDATE OF 10 JULY 2017

Silver trading range for the day is 35090-38010. Silver prices slumped after data showed an improvement in the U.S. labor market. The latest batch of mostly upbeat jobs data, fuelled expectations that the Fed would continue with its plan to hike rates later this year. The Bureau of Labor Statistics reported, nonfarm payrolls grew by 222,000 in June, well above expectations of a 179,000 increase.